How to make ordinary investors understand numbers and returns?
Numbers and returns seem to be a long-term topic that plagues the financial investment industry
Bitcoin has indeed had considerable returns from 0 to today, but not last year, this year or later
I took a special look. A year ago, Bitcoin rose from 38,392 US dollars to 96,469 today, with a return rate of 151%, and it happened in the bull market. If we count from the peak of the last bull market of 69,000, Bitcoin has only found a 45% increase in value so far, and people seem to have forgotten the pain and suffering in the past two years. Numbers do not represent returns.
Numbers do not represent returns. Often, the larger the number, the more stable the asset value is.
I will never believe that the coin in my hand will become the next Doge or Ethereum Bitcoin. Faith is worthless to me. Past experience tells me that no one will talk to you about faith and value when there is a sell-off in the financial market. Every penny in the financial market is a gain obtained through a lot of gambling!
I don't want to tell my fans what coins to buy anymore. I just want to tell you to keep your profits. The true believers have already gone through the long river of history. Every whale who survives is a top speculator!
